Target (NYSE: TGT) director receives 2,891 restricted stock units

Rhea-AI Filing Summary

Barrett George S reported acquisition or exercise transactions in this Form 4 filing.

Target Corp director George S. Barrett received an equity award of 2,891 shares of common stock on March 11, 2026, reported as a grant or award rather than a market purchase. The award consists of restricted stock units under Target’s 2020 Long-Term Incentive Plan, including dividend equivalents reinvested as additional units. After this grant, Barrett directly holds 23,325 shares of Target common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Barrett George S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,891	$0.00	--

Holdings After Transaction: Common Stock — 23,325 shares (Direct)

Footnotes (1)

1. Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Barrett George S

(Last) (First) (Middle)

1000 NICOLLET MALL

(Street)

MINNEAPOLIS MN 55403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TARGET CORP [ TGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		A(1)		2,891	A	$0	23,325(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.

2. Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units.

Remarks:

Exhibit 24 - Power of Attorney

	Miranda S. Hirner, Attorney-In-Fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Target (TGT) disclose for George S. Barrett?

Target reported that director George S. Barrett received an equity award of 2,891 shares of common stock. The transaction is coded as a grant or award, reflecting compensation rather than an open-market stock purchase or sale.

How many Target (TGT) shares did George S. Barrett acquire in this Form 4?

George S. Barrett acquired 2,891 shares of Target common stock. These shares were granted as restricted stock units under Target’s 2020 Long-Term Incentive Plan, rather than bought in the market at a cash price per share.

What is George S. Barrett’s Target (TGT) shareholding after this award?

Following the reported grant, George S. Barrett directly holds 23,325 shares of Target common stock. This total includes the newly awarded 2,891 restricted stock units and reflects his direct ownership position after the March 11, 2026 transaction.

Was the Target (TGT) insider transaction a stock purchase or a compensation grant?

The transaction was a compensation grant, not a market purchase. It is reported with code “A” for grant, award, or other acquisition and represents restricted stock units awarded under Target’s 2020 Long-Term Incentive Plan at a stated price of $0.0000 per share.

What plan governed George S. Barrett’s equity award at Target (TGT)?

The equity award was made under the Target Corporation 2020 Long-Term Incentive Plan. The filing notes that the grant consists of restricted stock units and that dividend equivalents since his last filing were reinvested into additional restricted stock units.

Do dividend equivalents affect George S. Barrett’s Target (TGT) restricted stock units?

Yes. The filing explains that dividend equivalents on his restricted stock units, paid since his last filing through the transaction date, have been reinvested. These dividend equivalents are converted into additional restricted stock units, increasing the total units credited to him.